Earlier quoted context omitted.
Another option is that this doesn't replace the student's work, but the teacher's. The single greatest use I have found for ChatGPT is in educating myself on various topics, hosting a socratic seminar where I am questioning ChatGPT in order to learn about X. Of course this could radically change a student's ability to generate homework etc, but this could also radically change how the student learns in the first plac…
Absolutely ChatGPT is a great learning tool if in the right hands. The issue is that students with a genuine interest in learning are a minority. The majority would rather use ChatGPT to cheat through their class work and get an easy A rather then exhaust the effort to chat and learn for their own sake.
Just have 100% of the mark come from in-person exams, as many subjects already do. Students can cheat all they want on assignments, but the only thing it's hurting is their exam score.